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Dec 21, 2012
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now, in greater china, also some losses. the shanghai comp is more isolated than the rest of these markets from global happenings. it wasn't really the fiscal cliff worries that had this index down. this index has rallied in december. but it's still under water while the rest of the indexes are notching some percentages for the year. they control about three quarters of trade in this market, so, really, they're going to have to buy in if they're going to see any sustained rally. the hang seng is up about 22% for the day. pulling back this week, we're down .7% weighing heavily in this market were the chinese banks. the banks listed in shanghai. liquidity concerns as they head into the end of the year and try wrapping up their balance sheets for regulatory requirements next year. that's the asx worries here. and the bse sensex, the momentum of losses has been increasing over the last little bit. but this market doing very well on the year, as well, up nearly 25%. so a pretty ugly picture here, kelly, but if the world is going
now, in greater china, also some losses. the shanghai comp is more isolated than the rest of these markets from global happenings. it wasn't really the fiscal cliff worries that had this index down. this index has rallied in december. but it's still under water while the rest of the indexes are notching some percentages for the year. they control about three quarters of trade in this market, so, really, they're going to have to buy in if they're going to see any sustained rally. the hang seng...
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Dec 21, 2012
12/12
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KQED
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. >> in china, one inventor has created an end of the world pot again for those -- for those looking to survive armageddon. >> i could do a party to mark but if it is going to end, the party's likely to happen, is it? >> no one knows what the end of the world will be like but it was a match and in this painting. there have been many predictions about what it will be. the seventh day adventists said that it would be in 1874. the prize for persistence would go to a person who predict that the end of the world at least six times between 1994 and 2011. he was wrong every time. in france, one village has been sealed off by police and surrounded by journalists after rumors spread that the local mountain would prove a safe haven. the locals fear an onslaught of new wave survivalists. >> we don't think the world this point and. >> you came here just for the fun of the story? >> famous journalists come to meet some crazy people. it might take more than a ufo to survive this if it turns out that the mine's ore right after all. mayans were right after all. >> -- was a painstakingly written by l
. >> in china, one inventor has created an end of the world pot again for those -- for those looking to survive armageddon. >> i could do a party to mark but if it is going to end, the party's likely to happen, is it? >> no one knows what the end of the world will be like but it was a match and in this painting. there have been many predictions about what it will be. the seventh day adventists said that it would be in 1874. the prize for persistence would go to a person who...
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Dec 21, 2012
12/12
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china ma and japan. and i think you can start to nibble a little on china and japan, as well. >> michael, is there an argument to be made that you don't want to touch stocks right now until you have some clarity on this fiscal cliff? just in case we see a big sell-off? >> there is, but i'll argue, too, that you're talking about $600 billion being sucked out of the economy next year. the s&p made $20 trillion. while we are looking at the fiscal cliff countdown, there is another countdown to new all-year highs when the dow is close to the prior peak around 600% from here. investors should be looking overseas. you want to look where there is no fiscal cliff equivalent, primarily in emerging markets. but nonpartisan analysts have pointed out that if we go over the cliff and take that $600 billion with it, we go back to recession. how do you justify going into stocks and going into all-time highs if we go back to recession? >> that assumes all else being equal, the problem is you look at europe, it's recoveri
china ma and japan. and i think you can start to nibble a little on china and japan, as well. >> michael, is there an argument to be made that you don't want to touch stocks right now until you have some clarity on this fiscal cliff? just in case we see a big sell-off? >> there is, but i'll argue, too, that you're talking about $600 billion being sucked out of the economy next year. the s&p made $20 trillion. while we are looking at the fiscal cliff countdown, there is another...
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extension of this west canal and is a similar strategic importance almost all of europe's trade with china japan india and the rest of asia passes through babel manned up every day that's how important it is some argue that washington sees terrorism in yemen as a problem in a sense that it could have an adverse impact on economic interests at stake the united states wouldn't be engaged in such a conflict in yemen if it didn't hold very specific geo political and strategic necessity for the us i think most importantly of course is access to the strait which is one of the highest. waterways in the world. the u.s. already has a vast military presence in the persian gulf to secure key oil shipping lanes under the banner of chasing terrorists the us is setting up new drone bases on the arabian peninsula including one in djibouti which is on the other side of the strait of the arrangement of the united states government has with the yemeni government is basically one of bribery we bribe them with money and weapons and in exchange we get to bomb their country with impunity. but it may be a danger
extension of this west canal and is a similar strategic importance almost all of europe's trade with china japan india and the rest of asia passes through babel manned up every day that's how important it is some argue that washington sees terrorism in yemen as a problem in a sense that it could have an adverse impact on economic interests at stake the united states wouldn't be engaged in such a conflict in yemen if it didn't hold very specific geo political and strategic necessity for the us i...
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Dec 21, 2012
12/12
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CSPAN
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in china, individuals cannot own any arms. we have the same kinds of violent situations going on. in connecticut they had some of the strongest gun-control laws in the country and it still occurred there. let's look at the problems that caused this to occur. let's focus on solving those problems instead of just saying it is guns. right now today in connecticut, also weapons -- an assault weapon is a machine gun. they are already controlled. someone cannot just go to the store and buy an assault weapon today. it is not about clips or number of rounds in a gun. we have to focus upon those problems that caused this young man to snap, to kill his mom. i cannot imagine that. and then go and kill six-year oldss. the guns did not make him do that. the guns were not evil. he is evil, his act is evil. we need to deal with what caused the problems. i don't think the guns caused it. host: back to your home state of georgia, james is on the phone on the independent line. caller: just a few things. georgia is last on the bottom of the education. you are doing nothing to help the people of geor
in china, individuals cannot own any arms. we have the same kinds of violent situations going on. in connecticut they had some of the strongest gun-control laws in the country and it still occurred there. let's look at the problems that caused this to occur. let's focus on solving those problems instead of just saying it is guns. right now today in connecticut, also weapons -- an assault weapon is a machine gun. they are already controlled. someone cannot just go to the store and buy an assault...